Sure, diversification will limit one's losses, but diversification also limits the upside. If you pick correctly, it's much more profitable to be "all In" one stock. Risky? Yes. Worth the risk? That's up to each investor/gambler to decide. If you're strongly in favor of the diversification approach, just buy one of the many index funds.
Even the bashers say KMI is the smart way to invest in the Kinder companies. The worst part of today's sell off was that I didn't have any cash to buy more shares of KMI. That and that over 90% of my portfolio is KMI. As usual, I bought too soon. It would be nice to be able to slam a company, cause panic selling, then buy it cheap. These Hedgeye and Barron's crooks should be in jail.
The MLPs such as KMP pays cash distributions thus the hassle of K-1s at tax time. KMI pays normal dividends, thus a simple 1099-div at tax time.
Weather still bad and retail statistics continue to be weak. I'm surprised by the recent climb from $63xx to $66. Long term, I like bbby, but I expect a pullback is coming soon.
I was just being funny.
I don't neceassily buy into are the chartist cup & handles, flaming candlesticks, etc. but... I do own KMI and think it's a solid company with a reasonable dividend and growth potential. KMI seems to be the best (and the least complicated) way to invest in Kinder Morgan.
Lighten up, Francis.
Agree. Take advantage of this 20% sale and BUY! I loaded up (1000 shares) around $65. Sure, I now wish that I had waited for $64, but I'm so confident in this pick that I'm not even worried about my temporary "paper" losses.
Down $44 today. Up $2 after hours. Where do you see up huge? Check history of aapl stock. S
There's no such thing as a one-day sell off. More selling pressure, downgrades, price target cuts coming. Be patient!
Also remember last time the apple sentiment when from pos to neg...aapl went from $700 to $385. The sell off isn't over. Hold if you want, but smart money is waiting for cheaper price.
Probably will go below $500 tomorrow...and certainly after the next round of downgrades and price target cuts. But I agree that aapl will stay above $400...and ultimately go back up.
Sometime there's a 2-4% bounce...but then the drift down to a U bottom usually follows. What do you guess (as nobody really knows) will the bottom be this time? Last time the bottom was $385.
Nice to see a rational approach. There are more downgrades and price target cuts coming soon. Long term, aapl is a buy...but wait for a better entry point and/or average down.
Right. It's fine to expect aapl to go up long term, but get out quick and buy back lower in 3 days once sell-off subsides.
Here's what wrong with only 7% growth. The smart phone market is growing by 100%, so Apple is losing market share.
You could be right. Although BBBY supposedly has a strong mgmt team. Today, I swapped out of BBBY to get into another beaten-down retailer, GME. GameStop seems to have an even better niche than BBBeyond and more upside...just my opinion.
After last week's sell-off, GME went from under $37 to over $39 in just two days. Today's pullback is normal (and temporary). It seems like another chance to get into this stock. All the talk about downloads killing GameStop is just talk. This was the same stuff being said two years ago when GME was $20. If you believed the story then, you missed a run from $20 to $57. Even when/if downloading games becomes prevalent, it's likely that GameStop will find a awy to make money on that too. The 30% fall in GME stock was mostly fueled by weakness in game sales at Christmas. The big Christmas story was the record number of new consoles sold (Xbox One and PS4). This paves the way for tons of new game sales for several years as well as accessories...and another profitable cycle of people trading in old colsoles and old games for store credit. GME is going up both on their own profitability and growth...and as a takeover target.
RedBox already does rent games. And Walmart sells games and consoles. The fact remains that GameStop has carved out a niche and and is the best at what they do. GameStop was supposedly going to crushed years ago. Even if GameStop stays as is, they have plenty of profitable years ahead. But GameStop will evolve, adapt, and make changes to grow even better. Buy this dip and ride to $60+.
YOY revenue was up 10%, but margins were down because game sales were down. No surprise, as games were limited for new consoles. Kids got new consoles this Christmas. With Xbox One and PS4 sales off the charts, game purchases will definitely follow in 2014 and for years to come.
"On a less favorable mix of holiday business, we trim FY 14 (Jan) and FY 15 EPS forecasts by $0.25 each, to $3.05 and $3.95, respectively, and cut our target price by $3 to $60. While holiday comps of 10.2% were slightly below our expectations, they beat the high end of GME's Jan-Q estimate for a 2%-9% rise. Despite weak sales of new software for prior generation systems, we think a doubling of new console sales, while at low margins, bodes well for software sales going forward, and for the industry in general. GME's P/E is 9.4X our CY 14 estimate, vs. 15.4X for the S&P 500."
DAN spiked up 50 cents while Mario was talking about DAN yesterday. The recent selloff ($23 to $19) and today's pullback seems like a great entry point to me too. On a per share basis, DAN has over $8 per in cash and $1.50 positive cash flow. In addition to a strong balance sheet, DAN also seems to have a solid product line...and a new manamgent team looking for growth and hopefully shareholder value.